Compensation Unilever Company

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Name:Samreen

Reg no#(602)
Subject:Compensation Management
Presentation:Compensation of Unilever
company
Submitted to:Mam Seema Obaid
Introduction:
• Unilever is a multinational company.
• Its head quarter is in London.
• England it was founded on 2 September 1929.
• It has a large number of producer of cosmetics.
• It owns 400 brands and about 155000 employees in recorded 2021.
• Health care,skin care,personal care,baby food.
Mission:
• Its mission is to add a variety of product in life.
• Meet the need of everyday used in life that helps the customer to feel
• good look better.
Vission:
• It has simple purpose sustainable common place.
• Its make them to believe is long term business growth.
• To grow their sells margins and capital efficiency.
Compensation system of unilever:
• It is to guarantee the play for your employees.
• It will be fair where it provides equal pay for equal work of
• employees.
• In Unilever frame work of fair compensation.
• It is usually based on principles and policies of compensation.
Fixed compensation:
• Fixed compensation receive by the employees of lower grade in any
• country.
• Give variable compensation for performance and business growth.
• Give compensation according to market base.
No discrimination:
• There is no discrimination on the base of age, gender, race, religion,
• color country.
• Marital status disability in compensation for equal work.
• Give benefits to the employees for better performance.
Performance focus compensation providing
alignment to our business:
• For the improvement of performance the company give benefit
• through participating in business and will also get opportunity to take
• financial interest by acquiring shares.
Explanation:
• Explanation about compensation is necessary because employees
• have no idea about their compensation.
• Packages and how it is calculated, how much amount they receive.
• Give complete information so they can aware about their fixed
• compensation.
Cadre of employees:
• The annual salary of the brand manager 9f Unilever is range of $82-
• $149.
• Salary of business development manager at range of $56-$140.
• Quality manager has salary range of $57-$109.
• Supply chain manager with salary range of $58-$116.
Benefits and services:
• Unilever provides same benefits to their employees.
• Which is very helpful for the employees.
• It includes free lunch,free fruits.
• Some great benefits they give their employees included salary and
• incentives.
THANK YOU

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